SINGAPORE-- Telcos will need to change faster to evolve their business models to prevent customers from substituting their traditional communication packages with those offered by social networking sites, which are functioning as a one-stop shop for users to keep in touch with others, an analyst noted.
In a Tuesday briefing conducted via teleconference, Jayesh Easwaramony, vice president at Frost & Sullivan's ICT Practice, said telecom operators need to be mindful of social networking sites as viable communication platform alternatives. Full story
